TITLE:
Using the ISO 19761 COSMIC Measurement Standard to Reduce “Information Asymmetry” in Software Development Contracts and Enable Greater Competitiveness
AUTHORS:
Francisco Valdés Souto, Alain Abran
KEYWORDS:
Software Projects; COSMIC; Information Asymmetry; ISO 19761; Software Industry Competitiveness; Software Characterization; Software Facts
JOURNAL NAME:
Technology and Investment,
Vol.4 No.4,
November
8,
2013
ABSTRACT: In most economic transactions involving software development
projects, differences in the amount and quality of information
possessed by economic agents (i.e.
producers and customers) can lead to significant market inefficiencies. This
paper describes the way the information derived from the functional size of
software measured using the ISO 19761 COSMIC measurement standard that can help
reduce information asymmetry in software development transactions,
and lead to increased competitiveness in the software industry.